avatar

Amber Group Owes Crypto Lender Vauld's CEO $130 Million

According to The Block, crypto trading firm Amber Group owes around $130 million to crypto lender Vauld's CEO Darshan Bathija. Amber has to repay Bathija by June 2023, according to the latest Vauld affidavit dated Nov. 25. 

Vauld halted client withdrawals in July and owes more than $400 million to creditors. Amber Group is cutting jobs, scrapping retail operations and terminating a sponsorship deal with Chelsea FC, according to Bloomberg.

Source
Latest News More More
1 Day Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
6 Days Ago Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
June 20 Kraken offers bitcoin ‘staking’ yield via Babylon without wrapping or lending
June 17 Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more
June 13 XRP Ledger adopts USDC one week after Circle goes public

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open